American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 2,000 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $96.19, for a total value of $192,380.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

American Woodmark Corporation (NASDAQ:AMWD) traded down 0.42% on Wednesday, hitting $95.75. The company had a trading volume of 63,423 shares. The stock has a market cap of $1.56 billion, a P/E ratio of 21.86 and a beta of 1.45. American Woodmark Corporation has a 12-month low of $69.65 and a 12-month high of $107.30. The firm’s 50 day moving average price is $88.88 and its 200 day moving average price is $91.98.

American Woodmark Corporation (NASDAQ:AMWD) last issued its quarterly earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.14). The business had revenue of $276.83 million during the quarter, compared to analyst estimates of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.32 earnings per share. Equities analysts predict that American Woodmark Corporation will post $4.94 earnings per share for the current fiscal year.

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Several research analysts recently commented on the company. Zacks Investment Research cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub cut American Woodmark Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Finally, Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

Several large investors have recently modified their holdings of AMWD. BlackRock Inc. grew its position in shares of American Woodmark Corporation by 148,318.8% in the first quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock valued at $165,816,000 after purchasing an additional 1,805,040 shares during the last quarter. Mesirow Financial Investment Management Equity Management grew its position in shares of American Woodmark Corporation by 39.5% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 215,810 shares of the company’s stock valued at $20,621,000 after purchasing an additional 61,160 shares during the last quarter. Prudential Financial Inc. grew its position in shares of American Woodmark Corporation by 41.5% in the second quarter. Prudential Financial Inc. now owns 153,888 shares of the company’s stock valued at $14,704,000 after purchasing an additional 45,124 shares during the last quarter. Broad Run Investment Management LLC grew its position in shares of American Woodmark Corporation by 3.2% in the first quarter. Broad Run Investment Management LLC now owns 1,400,486 shares of the company’s stock valued at $128,565,000 after purchasing an additional 43,018 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of American Woodmark Corporation by 4,257.8% in the first quarter. Victory Capital Management Inc. now owns 38,218 shares of the company’s stock valued at $3,508,000 after purchasing an additional 37,341 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors.

About American Woodmark Corporation

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

Insider Buying and Selling by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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